Vanguard Total Total Risk Alpha

VBTIX Fund  USD 9.67  0.03  0.31%   
The Total Risk Alpha indicator for Vanguard Total is constructed from normalized market data. Related indicator context is organized within Equity Screeners. Review World Market Map for context on portfolio diversification. The diversification view provides additional analytical depth. Tracking Vanguard Total Bond in a portfolio provides context for performance attribution. The relative size of each holding follows the selected allocation framework. Broader economic conditions can influence Vanguard Total Bond's mutual fund valuation — related indicators include signals in gross domestic product.
Vanguard Total Bond has current Total Risk Alpha of 0.0031. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.

Total Risk Alpha

 = 

RFR + (ER[b] - ER[a])

x

STD[a] / STD[b]

 = 
0.0031
ER[a] = Expected return on investing in Vanguard Total
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Vanguard Total
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Peers Comparison

Total Risk Alpha Relative To Other Indicators

Vanguard Total Bond is rated below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 429.84 of Maximum Drawdown per Total Risk Alpha. At 429.84 , Vanguard Total Bond's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Vanguard Total to Peers

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